251 Management of Innovation
This course focuses on the management of technology-based innovation. Topics include the impact of new technologies on industries, dominant designs, incremental and transformative innovations, and the life-cycle of products. The course will examine the organization of highly innovative firms, and the relationship of core competencies to both innovation and rigidity. Cases and field studies are used to address the relationship of innovation to management practices such as leadership, competitive strategic planning and teamwork. Students perform an innovation audit of an area firm.